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Open a TD Bank Account before arriving in Canada

Live in China or India and moving to Canada? Call us to open your TD bank account up to 75 days before you arrive. You can also transfer up to $25,000 into your new TD bank account before you arrive. Visit a TD branch to activate your new bank account.

Make sure you have your Canadian Immigration Visa on hand when you call.

TD banking package

As part of the New to Canada banking package, you’ll receive a bonus rate on your savings for the first 6 months when you open your account1.

TD Every Day Savings Account

The TD Every Day Savings Account is a budget-friendly option for your day-to-day banking needs when you’re just starting out.

There’s no monthly account fee, and you’ll earn interest on every dollar. Interest is calculated daily on the closing balance each day and paid monthly.

TD High Interest Savings Account

Building your home in Canada likely includes a number of short- and long-term financial goals.

With a high interest rate, the TD High Interest Savings Account can help you reach those goals faster. By maintaining a minimum monthly balance of $5,000 or more, you can benefit from further savings and waive the monthly account fee2 and Transaction fees3.

TD ePremium Savings Account

If you do most of your banking online, you’ll love what the ePremium Savings Account has to offer.

Featuring a high interest rate4, free online transfers to your TD Canada Trust personal deposit account5 and no monthly account fee, this account lets you manage your money at home or on the go while saving for a bright future in Canada.

Contribute to your future

Open a TD Bank Account before arriving in Canada

Live in China or India and moving to Canada? Call us to open your TD bank account up to 75 days before you arrive. You can also transfer up to $25,000 into your new TD bank account before you arrive. Visit a TD branch to activate your new bank account.

Make sure you have your Canadian Immigration Visa on hand when you call.

1 Applicant must meet all TD credit granting criteria, and other conditions, to be eligible for a TD Credit Card. Only select TD Credit Cards are available as a secured TD Credit Card. For complete details, please visit your local TD branch.

If you need to send money back home, Visa Direct is a low-cost and secure way to transfer money quickly and conveniently.

To get started, you'll need a TD Canada Trust personal bank account and access to EasyWeb Online banking. You can send money worldwide1 to a Visa Debit Card, Visa Credit Card or Visa Reloadable Prepaid Card2 for as little as $8.953. Transfers are usually received within 24-48 hours (or as little as 30 minutes for transfers sent to Fast Funds-enabled Visa cards).4

Transfer money internationally using Visa Direct and we’ll refund the transfer fee on one transfer per month for six months.5

A secure way to send money in Canada

Send an Interac e-Transfer® 24/7 on the TD app6 or through EasyWeb Online banking to anyone with an email address and a Canadian bank account7. It's great for paying rent, sending money to family, or paying back a friend.

Calculate foreign currency

Protect what’s important

Buying your first home in Canada1

One of the biggest financial decisions you will make when putting roots down in your new country is the purchase of a first home.

TD can help you finance your first home in Canada, even if you have no credit history.

A TD Mortgage Specialist will work with you to determine if you’re eligible for a TD mortgage, and will help guide you through the mortgage process, while flexible mortgage features such as payment frequency and lump sum payments allow you to adapt your payments to fit your needs.

Find out if you’re eligible for a TD mortgage

Even if you have no credit history, you may qualify for a TD mortgage or TD Home Equity FlexLine if:

You are a permanent resident or have applied to become a permanent resident in Canada

You have been in Canada for 5 years or less

Legal

1 You may be eligible for a TD mortgage, even if you have no Canadian credit history, provided you meet all of the other eligibility and credit criteria of TD Canada Trust. Lack of Canadian credit history is only available to customers who have been permanent residents in Canada less than 5 years.

Investing and making trades

Borrowing money

A secured credit card is a credit card where the credit limit is secured by depositing money with the bank, and the credit limit granted is equal to the amount of cash deposited. A secured credit card helps you build your Canadian credit history and credit rating in a positive way.

An unsecured credit card is a credit card that does not require the cardholder to deposit money in an account with the bank. Usually, if you have an existing Canadian credit history in good standing, you will be able to obtain an unsecured credit card.

Eligibility requirements

The New to Canada banking package is available if you:

Have been a Permanent Resident or Temporary Resident of Canada for 2 years or less

1 Savings Account bonus offer only applies to a TD Every Day Savings Account, a TD High Interest Savings Account or a TD ePremium Savings Account that is opened by customers who have a TD Unlimited Chequing Account. Bonus offer is limited to 1 eligible savings account per person and the type of savings account cannot change during the Offer Period. The bonus rate is in addition to the posted interest rate on the savings account and will be applied to the savings account commencing no later than 10 business days after the customer has accepted the New to Canada banking package and will be effective for 6 months thereafter (“Offer Period”). During the Offer Period, your Savings Account is not eligible for any other offer. Regular posted interest rates will apply after the end of the Offer Period. Bonus interest will be calculated separately and paid monthly. Interest rates are subject to change without notice. This offer is valid for the recipient name on this communication only and is not transferable. All interest rates are per annum. For details on fees, please see http://www.tdcanadatrust.com/products-services/banking/accounts/fees.jsp

2 The applicable balance of $25,000 must be maintained each day of the applicable month to entitle you to the waiver of the Transaction Fees for that month.

5 Transfers from the TD ePremium Savings Account to another TD Canada Trust personal Canadian dollar chequing or savings account registered in the same customer name using EasyWeb® Internet Banking or the TD app are free. All other transfers between accounts are treated as Transactions.

1 Certain restrictions apply in the U.S. and other regions.

2 Most Visa credit, debit and reloadable prepaid cards around the world are eligible. However, certain countries and financial institutions may choose not to accept these transactions due to local regulatory or other restrictions. Also, certain reloadable prepaid products may be restricted from receiving Visa Direct payments such as reloadable youth prepaid cards, government disbursement cards and Visa travel cards.

3 Transfer fee is in the currency of the account from which the funds are sent. Regular account transaction fees and foreign exchange rates may also apply. Recipient's financial institution may charge a fee to process the transfer and this fee may be deducted from the transfer amount. Recipient should check with their own financial institution for more information.

4 The funds will be deposited to the account linked to the card.

5Visa Direct fee refund offer is only available with the opening of a New Chequing Account and is limited to (1) one account per person, and (2) one Visa Direct fee per month for the six months following the date the account was opened. The transfer fee will be debited from customer’s account and then credited to the same account in the same currency. The credit will be processed by the 15th day of the month following the date on which the eligible transfer occurred if the account has not been closed. Customer will not receive any other notification of the credit. TD may amend or cancel the offer at any time. No other applicable fees will be refunded. TD will rebate the most expensive Visa Direct fee that occurred in the applicable month. If customer is sending money in a currency other than that of the originating account, a foreign exchange conversion will occur. Customer will be advised of the rate used for the conversion prior to completing the transaction and TD may earn revenue on the conversion. Regular account transaction fees may also apply. Recipient's financial institution may charge a fee to process the transfer and this fee may be deducted from the transfer amount. Recipient should check with their own financial institution for more information.

6 You must first set up your recipient using EasyWeb or the latest version of the TD app. The TD app is free to download, however standard wireless carrier message and data rates may apply.

2 Unlimited Chequing Account (the “New Chequing Account”) must be opened in order to waive the monthly account fee. The monthly account fee will only be waived for the first 6 months that the New Chequing Account is open and is limited to one account per person and the type of chequing account cannot change during the 6-month period. The monthly account fee waiver only applies to the regular/pro-rated monthly fee; all other fees will continue to apply. If the minimum monthly balance is maintained in the New Chequing Account in any given month during the first 6 months that the account is open and the monthly account fee is not charged, no monthly account fee waiver will be applied for that month. For details on fees, please see http://www.tdcanadatrust.com/products-services/banking/accounts/fees.jsp

3 You may pay a fee to the ATM provider.

4 Subject to approval. All overdrafts must be paid within 89 days, are subject to an interest rate of 21% per annum (subject to change) on the overdrawn amount, and that subsequent deposits to your account will automatically be applied to pay off the overdraft. Overdraft interest rate is subject to change.